Trophy Games Acquires Tivola Portfolio
Company Announcement no. 7/2024 (May 03, 2024)
*Contains inside information
Trophy Games is pleased to announce the strategic acquisition of the mobile games portfolio from Tivola Games for €700,000 in an all-cash transaction. This acquisition aligns seamlessly with Trophy Games' strategic focus on developing engaging titles based on real-world interests, further enhancing our ability to immerse players in their passions through online gaming. The acquired portfolio includes over 20 titles in the soft management/simulation category, centered around themes such as horses, cats, and dogs. Despite experiencing stable revenues in recent years, we are committed to not only maintaining these games but also actively exploring new business opportunities within this portfolio to optimize performance and drive shareholder value.
- Søren Gleie